The Stanley 45 has slightly different abilities when compared to the 55. At it's core, it can cut grooves, rabbets, dadoes, tongue and groove, beads, slit, and sash. Only with add-on cutters could the 45 being to cut additional decorative profiles. Here are a few examples of the Stanley 45 in action.
We still have openings in our Demystifying the Stanley 45 and 55 class on March 29 and 30, taught by Charles Murray. If you've been thinking about adding the ability to cut custom profiles without the use of a screaming banshee, it's not too late to register.